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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
  • UAE, Switzerland discuss enhancing bilateral relations

    BERN, SWITZERLAND - The UAE discussed bolstering strategic relations and cooperation in various development, economic and financial fields of common...

    A UAE minister said financial dialogue offers opportunities for collaboration between both countries to achieve further growth and prosperity.

    He also mentioned that the global economy went through fast developments since both parties last met in Abu Dhabi in March 2022.

  • Russia claims Ukraine sought to attack Kremlin with drones

    Terming it as a "planned terrorist act and an attempt on the life of the President of the Russian Federation,"...

    Ukraine has denied the Russian accusation that it was behind the alleged attack, suggesting that it was "staged" by Moscow

    Russia has begun what it called a terrorism probe into the attempt to "strike the Kremlin residence of the President of Russia"

  • Russia, Iran to ink pact on linking railroad infrastructure

    Tehran, Iran - Russia and Iran are set to sign a bilateral agreement on the construction of the Rasht-Astara section...

    The project will connect the land sections of the International North-South Transport Corridor, increasing efficiency of the trans-Caspian route

    The construction of the Rasht-Astara section is estimated to cost around $1.6 billion and take four years to complete

  • Dozens of migrants rescued at Turkey border: Greek police

    Athens in 2020 erected a 37.5-kilometre (23-mile) steel barrier in this remote northeastern area after tens of thousands of migrants...

    The migrants group included 13 men, 11 women and 15 minors, the police said in a statement, without disclosing nationalities

    The police said that the migrants were taken to the islet on a dinghy by a smuggler on the Turkish side of the river and left there

  • Global energy firms must pay up to prevent spill: Yemen company

    To prevent a damaging oil spill in the Red Sea, the UN Development Programme in March took the unprecedented step...

    Hayel Saeed Anam Group, which in August contributed $1.2 million to UN clean-up campaign, made the appeal hours before a virtual donor conference hosted by Britain and Netherlands

    The Safer's 1.1 million barrels contain four times as much oil as that spilled in the 1989 Exxon Valdez disaster off Alaska, one of the world's worst ecological catastrophes

  • Guarantee security for Sudan aid deliveries, asks UN

    The United Nations called for security guarantees at "the highest level" to ensure aid deliveries in Sudan, after trucks carrying...

    UN's top humanitarian official said the global body had a plan for delivering aid and supplies to address the dire situation in Sudan.

    UN's top humanitarian official said, "We will need to have agreement at the highest level and very publicly".

  • Jordan briefs Russia on Amman’s Syria meeting

    AMMAN, JORDAN  - Jordan's Minister of Foreign Affairs and Expatriates Ayman Safadi on Wednesday briefed his Russian counterpart Sergey Lavrov...

    In addition to Jordan, the meeting in Amman also brought together the foreign ministers of Saudi Arabia, Iraq, Egypt and Syria.

    Jordanian foreign minister said the political solution must preserve Syria's unity, cohesion, sovereignty and meet the aspirations of the people.

  • 258m people require food aid, says UN report

    PARIS, FRANCE -  Some 258 million people needed emergency food aid last year because of conflict, economic shocks and climate disasters,...

    In 2022, 258 million people faced high levels of acute food insecurity in 58 countries or territories, a UN report said.

    Over 40 percent of those lived in Democratic Republic of the Congo, Ethiopia, Afghanistan, Nigeria and Yemen, the report added.

  • Iran seizes oil tanker in Strait of Hormuz, says US Navy

    Iranian forces seized a Panama-flagged oil tanker in the Strait of Hormuz, the US Navy said, the second such incident...

    A dozen Iranian Navy fast-attack craft swarmed the vessel in the middle of the strait, said a statement from the Bahrain-based US Fifth Fleet.

    The troubled but commercially vital Gulf waters, which carry at least a third of the world's seaborne oil, have witnessed a spate of incidents since 2018.

  • Myanmar’s junta sets free over 2,000 political prisoners

    The junta said in a statement that pardons were granted to 2,153 prisoners to mark the birth anniversary of the...

    The announcement of the prisoner release coincided with the visit of Chinese Foreign Minister Qin Gang to Myanmar for talks with generals

    According to a local monitoring group, some 21,000 people have been arrested since the ouster of Aung San Suu Kyi's government by the military